-TheWire.in The aggregate macroeconomic impact of this Budget cannot really be assessed, since the actual fiscal stance is now so opaque. Let’s get one thing clear. This is not an interim Budget, whatever the government finally agreed to call it. The sweeping promises made on both expenditure and taxation fronts are well beyond the limited minor changes that are supposed to be allowed in a vote-on-account or interim Budget. For a government that...
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Budget allocation for agrarian welfare is utter betrayal to Farmers: Kisan Sabha -Pratyaksh Srivastava
-The Indian Express "It was felt that the BJP's defeat in the recent state elections might force it to take some concrete steps in the budget on these issues. Sadly, it hasn't happened and has disappointed Farmers again," said Ajit Nawale, Maharashtra general secretary of All India Kisan Sabha (AIKS). New Delhi: Criticising the central government’s cash dole of Rs 6,000 per year to small Farmers, the All India Kisan Sabha...
More »No way Congress' minimum income guarantee will work without raising taxes -Yogendra Yadav
-ThePrint.in Irrespective of its merits and eventual fate, the basic income proposal means that this election is now focused firmly on the economy. Congress president Rahul Gandhi’s announcement about minimum income guarantee (MIG) is the first big idea introduced in the run-up to the 2019 Lok Sabha elections. So far, the election was building up towards one of the many vacuous and noisy contestations that we have witnessed in the last few...
More »PM Kisan Samman Nidhi: Small Farmers to get Rs 6000 direct cash transfer, first installment before polls
-The Indian Express Called Pradhan Mantri Kisan Samman Nidhi, the scheme will benefit about 12 crore small and marginal Farmers and will come into effect retrospectively from December 1, 2018, and the first instalment will be disbursed before the elections. New Delhi: In a bid to woo the farming community ahead of the Lok Sabha elections, interim Finance Minister Piyush Goyal in his Budget speech on Friday announced a Rs 6,000...
More »430 Punjab Farmers Committed Suicide in One Year Since Loan Waiver Rollout
-TheWire.in A figure is based on data compiled by farmer union Bhartiya Kisan Union (Ugrahan). New Delhi: Debt has continued to overwhelm Farmers in Punjab since the rollout of Congress’s loan waiver scheme in January 2018. Four hundred thirty Farmers and farm labourers with outstanding loans ranging between Rs 1-20 lakh committed suicide in the intervening one year period, the Indian Express reported. The data, which is based on revenue department and police records,...
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